#Business
Cathie Wood's Ark Invest Sells Tesla Shares and Buys Crypto Stocks
Fri, Dec 19, 25
Published At
Ark Invest made big trades on Thursday. The company sold Tesla shares and bought shares in Coinbase and other companies.
Ark Invest sold 23,110 Tesla shares for about $11.2 million on Thursday. At the same time, the company bought 17,386 Coinbase shares for $4.15 million. Ark Invest also bought 575,644 Brera Holdings shares for $1.4 million.
These trades show that Ark Invest is changing its investment strategy and looking at new technology companies.
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